Sabre Insurance Group plc

LSE:SBRE Stock Report

Market Cap: UK£346.3m

Sabre Insurance Group Valuation

Is SBRE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SBRE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SBRE (£1.39) is trading below our estimate of fair value (£1.52)

Significantly Below Fair Value: SBRE is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SBRE?

Key metric: As SBRE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SBRE. This is calculated by dividing SBRE's market cap by their current earnings.
What is SBRE's PE Ratio?
PE Ratio11.8x
EarningsUK£29.35m
Market CapUK£346.28m

Price to Earnings Ratio vs Peers

How does SBRE's PE Ratio compare to its peers?

The above table shows the PE ratio for SBRE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average8.9x
LRE Lancashire Holdings
5.5x-7.4%UK£1.6b
DLG Direct Line Insurance Group
10.4x8.2%UK£3.2b
HSX Hiscox
6.6x-2.3%UK£3.8b
PGH Personal Group Holdings
13.2x18.7%UK£60.0m
SBRE Sabre Insurance Group
11.8x13.9%UK£346.3m

Price-To-Earnings vs Peers: SBRE is expensive based on its Price-To-Earnings Ratio (11.8x) compared to the peer average (8.9x).

Price to Earnings Ratio vs Industry

How does SBRE's PE Ratio compare vs other companies in the European Insurance Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
SBRE 11.8xIndustry Avg. 12.1xNo. of Companies13PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SBRE is good value based on its Price-To-Earnings Ratio (11.8x) compared to the European Insurance industry average (12.1x).

Price to Earnings Ratio vs Fair Ratio

What is SBRE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SBRE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.8x
Fair PE Ratio13.5x

Price-To-Earnings vs Fair Ratio: SBRE is good value based on its Price-To-Earnings Ratio (11.8x) compared to the estimated Fair Price-To-Earnings Ratio (13.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SBRE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£1.39
UK£1.90
+35.9%
10.5%UK£2.16UK£1.45n/a8
Dec ’25UK£1.31
UK£1.89
+44.0%
11.3%UK£2.16UK£1.40n/a8
Nov ’25UK£1.37
UK£1.91
+39.8%
8.0%UK£2.16UK£1.65n/a8
Oct ’25UK£1.40
UK£2.00
+42.5%
9.1%UK£2.20UK£1.65n/a8
Sep ’25UK£1.56
UK£1.99
+27.8%
9.2%UK£2.20UK£1.65n/a8
Aug ’25UK£1.59
UK£1.99
+25.0%
9.0%UK£2.20UK£1.65n/a8
Jul ’25UK£1.50
UK£1.98
+32.4%
9.0%UK£2.20UK£1.65n/a8
Jun ’25UK£1.69
UK£1.98
+17.5%
9.0%UK£2.20UK£1.65n/a8
May ’25UK£1.60
UK£1.91
+19.9%
11.6%UK£2.20UK£1.45n/a8
Apr ’25UK£1.79
UK£1.85
+3.2%
12.5%UK£2.20UK£1.45n/a8
Mar ’25UK£1.59
UK£1.81
+13.5%
10.1%UK£2.00UK£1.45n/a8
Feb ’25UK£1.55
UK£1.69
+8.8%
7.6%UK£1.81UK£1.45n/a6
Jan ’25UK£1.51
UK£1.66
+9.5%
12.0%UK£1.81UK£1.20n/a7
Dec ’24UK£1.42
UK£1.64
+15.5%
12.5%UK£1.81UK£1.20UK£1.317
Nov ’24UK£1.47
UK£1.63
+10.9%
12.1%UK£1.81UK£1.20UK£1.377
Oct ’24UK£1.51
UK£1.63
+7.5%
15.8%UK£2.10UK£1.20UK£1.407
Sep ’24UK£1.54
UK£1.62
+5.7%
15.9%UK£2.10UK£1.20UK£1.567
Aug ’24UK£1.40
UK£1.52
+8.8%
16.8%UK£2.10UK£1.20UK£1.598
Jul ’24UK£1.35
UK£1.51
+11.2%
17.2%UK£2.10UK£1.20UK£1.508
Jun ’24UK£1.40
UK£1.51
+7.3%
17.2%UK£2.10UK£1.20UK£1.698
May ’24UK£1.26
UK£1.44
+13.6%
23.8%UK£2.10UK£0.93UK£1.607
Apr ’24UK£1.13
UK£1.41
+25.2%
24.8%UK£2.10UK£0.93UK£1.797
Mar ’24UK£0.99
UK£1.47
+48.1%
21.1%UK£2.10UK£1.12UK£1.598
Feb ’24UK£0.98
UK£1.47
+49.0%
21.1%UK£2.10UK£1.12UK£1.558
Jan ’24UK£1.06
UK£1.48
+39.2%
19.8%UK£2.10UK£1.19UK£1.518
Dec ’23UK£1.03
UK£1.48
+43.8%
19.8%UK£2.10UK£1.19UK£1.428

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 02:15
End of Day Share Price 2024/12/18 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Sabre Insurance Group plc is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ivan BokhmatBarclays
Thomas BatemanBerenberg
Michael HuttnerBerenberg